Calendar: Bitcoin faces a new complicated agenda

Source: CritpoTendencia Original Title: Calendar: Bitcoin Faces a New Complicated Agenda Original Link: The price of Bitcoin continues to face strong selling pressure, and this week it is confronted with a particularly complicated data calendar. Reports in the United States continue to remain under wraps as a result of the largest government shutdown in the history of that country.

This bad fiscal moment is strongly impacting the economy, especially with the increasing suspension of commercial flights. As workers leave their positions in airlines, they are forced to reduce their services, which was noticeable with the flight suspensions this weekend.

As the shutdown continues, so does the uncertainty related to monetary policy. At some point, the lack of economic data could force the Federal Reserve to halt its monetary policy decisions. Basically, the central bank might refuse to make decisions blindly.

In the particular case of Bitcoin, the lack of U.S. data on the calendar becomes a source of intrigue. Although important data from other nations will be known, the case of the United States weighs heavily as it is the most important market with the greatest relationship with cryptocurrencies.

In any case, this work offers the weekly agenda of data that could impact cryptocurrencies. Some of the scheduled data from the U.S. may not be published.

The data calendar that could move the price of Bitcoin this week

In this note, as usual, an agenda is provided with the data that has the highest potential impact on the price of Bitcoin. This implies that some data that is of enormous importance for other markets is excluded, but not so much for cryptocurrencies.

Monday:

• M2 money supply in China
• Sentix consumer confidence report in the European Union
• Inflation expectations from the Cleveland Fed
• Retail sales monitor in the United Kingdom
• Credit data in China and Japan

Tuesday:

• Employment and salary data in the UK
• ZEW Economic Sentiment Report in the EU
• M2 monetary reserves in Japan
• Fed Chair Barr's Speech in the U.S.

Wednesday:

• IPC inflation data in Germany and industrial production in Italy
• Eurogroup Meeting
• Speeches by Williams, Paulson, Waller, Bostic, and Miran from the Fed
• Producer inflation in Japan

Thursday:

• Economic growth data (GDP) in UK
• Balance of traded goods, manufacturing and services in the UK
• Economic bulletin of the European Central Bank
• Month-to-month industrial production in the EU
• ECOFIN meeting in the EU
• IPC inflation data in the U.S.
• Weekly unemployment claims in the U.S.
• Statements from Musalem and Hammack from the Fed
• Federal budget balance in the U.S.
• Industrial production, retail sales, and unemployment rate in China

Friday:

• Flash data in the employment sector in the EU
• Flash GDP in the EU
• Trade balance in the EU
• Producer inflation in the U.S.
• Retail sales in the U.S.
• Statements from Bostic, Schmid, and Logan from the Fed

Important: Data related to the U.S. government is likely to be rescheduled or canceled as a result of the shutdown.